The soybean market posted nearby losses of 1 to 2 cents on Friday, with July down 1 ¾ cents on the week. New crop contracts were fractionally higher, with November up a nickel this week. The cmdtyView Cash Bean price was down 1 3/4 cents to $10.00 ¼. Soymeal futures...

Corn futures closed out the Friday session on a weaker note, with contracts down 3 to 5 cents. July slipped back 6 ¼ cents on the week, with December falling in unison and down 6 ½ cents. The front month CmdtyView national average Cash Corn price was down 4 1/2...

Bigger Protracted Moves Discussed

In my opinion, what a week of disseminating information for which will most likely take the weekend to decipher.

The wheat market is trading with contracts weaker on Friday. Chicago SRW futures are trading with contracts down 7 to 8 cents so far on Friday. Kansas City HRW contracts are falling 10 to 11 cents at the midday part of the session. Minneapolis spring wheat futures are down 4...

The soybean market is trading with contracts down 1 to 3 cents in the front months and new crop contracts up fractionally. The cmdtyView Cash Bean price was down 3 1/2 cents to $9.98 ½. Soymeal futures are down $4.10/ton so far on the day, with Soy Oil futures down...

Corn futures are trading with contracts 3 to 4 cents in the red so far on Friday. The front month CmdtyView national average Cash Corn price was down 3 ¼ cents at $4.17 ¾. Precipitation over the next week covers much of the Corn Belt. While some areas in the...

The soybean market is trading with weakness so far on Friday morning as bean oil pressure continues. Futures are down 1 to 3 cents. Soybeans were under pressure for much of the Thursday session with contracts down 25 to 28 cents at the close, pressured by losses in bean oil....

Wheat is holding close to unchanged on Friday morning. The wheat market posted higher trade on Thursday, with all three exchanges gaining steam. Chicago SRW futures were up 7 to 8 cents across most contracts at the close. Thursday’s Preliminary open interest was down 2,292 contracts. Kansas City HRW futures...

Corn futures are trading with contracts mixed but sticking close to unchanged. The corn market closed the Thursday session with July up 3 cents, as Export Sales data was supportive. New crop contracts were down 1 to 3 cents. Preliminary open interest was up 6,431 contracts on Thursday, mostly in...

Educational and Actionable information using Fibonacci and W.D. Gann analysis.

Cattle Markets and Soybean Oil Take Big Hits - One is a Buying Opportunity